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Goshime is from Ethiopia. He has 6 children. He needs a loan of $175 to buy oxen.
Goshime, a father of six from Yimolo, Ethiopia, is engaged in agriculture with a farm he leases. He is in need of a pair of oxen to plough the field so that he does not have to also lease the animals each ploughing time. He currently does not have the means to buy the oxen.
"It is painfull to live on a small amount of hard-earned income and be a father of six children. This is not enough for my family; I should farm my plot of land to have better harvest; I should no longer lease it."
With a loan through World Vision, Goshime will be able to purchase a pair of oxen which will allow him to plough more, produce a higher yield, and not be out the expense of leasing the oxen often. With additional income created he will be able to meet the daily needs of his family and send their children to school.
In the future, Goshime wants to own land instead of leasing it. He would also like to become engaged in the fattening cattle industry.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
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Thank you for empowering Goshime Zewdie with the opportunity to expand his farmer business. With the $175 loan, Goshime was able to buy oxen.
Goshime is on his way to repaying his small business loan and makes weekly payments of $3. Thanks to the profits he has earned, Goshime can afford to purchase food for the animals, purchase food for the family and provide healthcare.
Goshime hopes to provide his children with a brighter future; his six children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Goshime and World Vision Micro!
Thank you for supporting Goshime Zewdie's farming and business through World Vision Micro. Goshime invested his small business loan of $175 to buy a pair of oxen to help him plow his land. He has made weekly payments of $3 and has now fully repaid his loan.
With the profits from his business, Goshime decided to provide his family with healthcare, do home repairs and purchase food for his family. Goshime's goal for the future is to earn enough so that he can take out another loan, purchase livestock and repair or expand their home.
Goshime's six children remain in school. Because of your donation, Goshime is able to provide a better future for his children.
Thank you for providing Goshime with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.